Could Oil Be Next Year's Gold Investment?

CNBC inspired today’s ENB Stand Up - I Did Not Have That On Michael’s Bingo Card.

The interview on CNBC inspired today’s ENB Stand Up, and here is the full interview with Peter Boockvar, CIO of One Point BFG Wealth Partners, who was interviewed on ‘Fast Money’ to discuss why he is bullish on energy heading into 2026. I found this story very interesting as Peter goes through the key bullet points. Their interview was on CNBC.

Peter Boockvar also said: “Now with OPEC, we’ve seen more than two million barrels a day of production increases and quota increases, but the production increases haven’t really met up fully with the quotas, which tells me that there’s less available excess production supply, and it’s really only coming out of Saudi Arabia and the UAE.”

Finally, Peter Boockvar commented, “I think sixty dollars a barrel is pricing in almost no geopolitical risks. And I think the market just almost in a way assumes that there’s going to be a deal.”

Chapter Times:

00:00 Intro

00:30 Peter Boockvar on the CNBC Interview, oil is next year's gold

04:48 California Pipeline Shut Down, A crisis in the making

10:12 Will the oil Shadow Fleet End?

ENB Stand Up Stories Covered on The Show

Oil could be next year’s gold, says investor Peter Boockvar

New Report Warns Consequences of an Oil Pipeline Shutdown Would ‘Cascade Across the State’

California’s Oil Rush Slips into Final Act, and May Take Alaska’s Oil Rebound Down with It

The Shadow Fleet End? – Giacomo Prandelli

Africa is Embracing Oil and Gas for New Development, and Will Benefit Africans, Investors, and the Market

US Oil Rig Count Stages A Comeback After Last Week’s Losses

Check out Reese Energy Consulting at https://reeseenergyconsulting.com/

The full article at The Energy News Beat Substack: https://theenergynewsbeat.substack.com/p/could-oil-be-next-years-gold-investment

Got questions if you need a tax deduction? https://energynewsbeat.co/invest/